Corn and wheat continue lower on profit taking, despite tensions in the Black Sea. Soybeans are off lows with higher bean oil and watching weather, but Nov needs to hold $14. Cattle 2-sided seeing profit taking ahead of reports and despite higher cash again today. Hogs also consolidate. DuWayne Bosse, Bolt Marketing has more.
Corn and Wheat See Profit Taking, Soybean Off Lows Watching Weather, BO: Cattle 2-Sided Despite Higher Cash, Await Reports
Corn & wheat lower on profit taking, Soybeans off lows with higher BO, watching weather. Cattle 2-sided w/profit taking pre-reports and despite higher cash. Hogs consolidate. DuWayne Bosse, Bolt Marketing has more.
July 21, 2023 11:37 AM
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Grain markets crashed on Thursday with profit taking and fund liquidation tied to disappointment over the lack of agricultural purchase agreements during day one of the U.S. China summit.
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